Patrick Dumont appointed Chairman/CEO/President/Treasurer of Las Vegas Sands effective Mar 1, 2026.
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Patrick Dumont appointed Chairman/CEO/President/Treasurer of Las Vegas Sands effective Mar 1, 2026. New employment thru Mar 2, 2031: base $2,500,000; target cash 250%; target equity 725%; perks include security, company aircraft (personal use), first-class travel ✈️💼 $LVS #Corporate #Compensation
Company entered new employment agreements (effective Mar 2, 2026) with Randy Hyzak (EVP & CFO) and D. Zachary Hudson (EVP & GC/Secretary) thru Mar 2, 2031. Hyzak: base $1.35M, cash target 200%, equity 250%. Hudson: base $1.6M, cash target 200%, equity 425% 💰 $LVS #ExecPay #Finance
Severance: termination w/o cause/good reason = 1x(salary+target bonus)+unpaid/prorata bonus+1yr benefits; within 24 months of a change‑of‑control = 2x(salary+target bonus)+2yr benefits. 1‑yr noncompete/non‑solicit and perpetual confidentiality. 10‑Q filing Mar 31 ⚖️ $LVS #Governance #M&A